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2.04% 4.8¢ altech batteries ltd

dec qtr casflows out - and positive, page-23

  1. tebley
    156 Posts.
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    03/02/03
    21:43
    Post #: 117892
    Stocko

    You have summed it up nicely. Flow of funds appears as follows:

    Revenues/placemets/borrowings come in....

    (1) pays for business costs....

    (2) pays for director fees...

    left with zippo for shareholders! If the company is short on (1) and (2), then hey presto lets place somemore funds and create some new shareholders who will have buckleys of seeing a dividend.

    ATC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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